OIL AND GAS

The process of discovering new resources to meet global demand has become a significant challenge in the petrochemical and refining industry. Despite the expected 30% growth in this sector over the next 20 years, the race to find upstream resources and support midstream and downstream efficiencies to meet market challenges is accelerating.

Onshore and offshore, above and below the ocean surface, many HPI facilities focus on the reliability and availability of their rotating equipment. There are other significant challenges, such as overall plant reliability and implementing or optimizing the maintenance program.

The following elements are critical for the petrochemical and refining industry:

• Workforce competence and skills development,
• The need to reduce headcount in some markets and increase it in others,
• Increase in environmental and safety regulations,
• The need to optimize costs while increasing performance,
• Ability to make quick decisions in a period of increased risk management,
• Impact of equipment reliability on tight operating margins.

Machinery manufacturers and operators in the petrochemical and refining industry attach great importance to partners around the world who can deliver innovative and quality solutions, ensure fast delivery and offer responsive local support. Together with our engineering knowledge and experience, we are proud of the opportunity to become such a valued partner to petrochemical and refinery original equipment manufacturers and operators worldwide.